The company, which is present in the country through a wholly-owned subsidiary, Honda Cars India Ltd (HCIL), has already announced to introduce six models with conventional powertrains over the next three years.

Contributory factors have been fuel prices that have continued to climb upwards daily especially in the second half of the month and though their full blown impact is yet to be felt, a trickle-down effect is rubbing off.

Masayuki Igarashi will assume the position of Chief Officer for Regional Operations (Asia & Oceania) at Honda Motor Co., Ltd. and President and CEO of Asian Honda Motor Co., Ltd. He remains an Operating Officer of Honda motor Co., Ltd., a position he has held since 2017.

Dheeraj Hinduja, chairman at India’s second largest truck maker Ashok Leyland, prefers a low profile, but with managing director Vinod Dasari leaving at the end of the month, he says he’s become more “hands-on”.